WAGES: One-Year Plans

George A. Hormel was an industrial
nonconformist. Practically ostracized industrially by other meat
packers for stumping for a 30-hour week, he retired to California in
1927 and turned his business over to his son, Jay Catherwood Hormel.

One day in 1929 handsome, heavy-browed young Jay C. was walking through
his Austin, Minn, plant, laying off employes. Suddenly one of his men
turned on him and said:

"You can't do that to me."

"Can't do what to you?"

"You couldn't turn a horse out in the street," said the workman. "You
can't do it to...